Asked by sarine khjadourian on Sep 27, 2024
Verified
Cell phones are in wide use in the U.S., with a market penetration rate of ____ percent.
A) 12
B) 48
C) 25
D) 93
E) 81
Market Penetration Rate
A measure used to determine the extent to which a product or service is known and used by customers within a particular market.
- Evaluate the role of technology in facilitating global communication for businesses.
Verified Answer
JE
Jazib eqbal2 days ago
Final Answer :
D
Explanation :
According to the Pew Research Center, as of 2019, the market penetration rate for cell phones in the U.S. is 93%.
Learning Objectives
- Evaluate the role of technology in facilitating global communication for businesses.